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RoseWind [281]
2 years ago
13

Why is it so important to have a checking account?

Business
1 answer:
BaLLatris [955]2 years ago
3 0

Checking account makes one's money available when and where you need it while also keeping it safe.

Let first understand that Checking account is an account that facilitates easy withdrawal and deposit at any period of time while Saving account is an account used primarily for savings.

  • Usually, a saving account does not allow withdrawal until maturity period, but the Checking account is opposite because its an account that is made ready for withdrawal of money therein.

In conclusion, a debit card are issued with the Checking account to ensure your money is available when and where you need it.

Learn more about Checking account here

brainly.com/question/22029777

You might be interested in
which is an implied power of the federal government? raising taxesregulating tradedrafting soldiersdeclaring war
mars1129 [50]

Drafting soldiers is an implied power of the federal government.

According to Article I, Congress has the authority to make provisions for the general welfare and common defense of the United States. However, the establishment of a forced draft for enlistment in the military is an implicit power that has been exercised at various points in American history, from the Civil War until 1973.

Another well-known example of implied powers is the ability to form an army through a draft. For instance, the Constitution does not expressly permit the use of a draft prior to America's participation in World War II.

The ability to declare war, provide for and maintain a Navy, create and fund Armies, and equip, direct, and summon a militia all fall under the purview of Congress.

To learn more about Constitution refer to:

brainly.com/question/19411179

#SPJ4

7 0
2 years ago
Which of the following is an instance of persuasive speaking? a. a president of a company presenting an award to an outstanding
Vladimir79 [104]

Answer:

d. a union representative urging management to avoid a strike by raising wages

Explanation:

The persuasive speaking includes some important elements, its principal objective is to convince the listener about an specific point of view. It may include three principal methods: pathos, ethos and logos.

In this case the Union representative is trying to persuade the management to rise salaries, he can be appealing to Logos strategy. Logos is to use logical arguments to convince the audience, they will be evaluating if the argument of the speaker makes sense.

7 0
3 years ago
Malik asks Petra, an expert in sports collectibles, to help him find a buyer for his collection of autographed baseballs. Petra
igor_vitrenko [27]

Answer:

No Petra must not tell Malik about the offer

Explanation:

If Petra has no reason to believe that Malik would be interested since he specificly he would not consider any offer for less than $7500 and $1000 is less than the price Malik is looking for, he does not have to pass the offer on to him.

Therefore, No Petra must not tell Malik about the offer

7 0
3 years ago
Caruso Company's SUTA rate for next year is 2.9% because its reserve ratio falls in its state's 8% to less than 10% category [(c
zaharov [31]

Answer:

voluntary contribution  $97150

Explanation:

data provided:

tax rate: 2.3%

reserve ratio- 8-10%

average payroll = $971,500

Assume voluntary contribution ="X "

From the information given in the question we have

\frac{X}{971500} = 10%

here we have taken max reserve ratio  i.e. 10%

"X" = 971500*0.10

       = $97150

we know that, from the question present contribution minus benefit is equal to $93,500

hence, extra contribution = 97150 - 93500 = $3650

extra contribution = $3650

5 0
3 years ago
Assume that a country experiences a reduction in productivity that shifts the labor demand curve downward and to the left. If th
pishuonlain [190]

Answer:

The correct answer is b. no change in the real wage and a rise in unemployment.

Explanation:

If the real wage were rigid then the real wage would not change although unemployment would increase. Unemployment would increase due to that the demand labor would have decreased therefore widening the gap between demand for labor and supply for labor which is unemployment.

8 0
4 years ago
Read 2 more answers
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